The Dow Jones Industrial Average slipped on Monday, snapping an eight-day winning streak, as traders grappled with rising inflation expectations ahead of key reports due later in the week. The 30-stock Dow fell 81.33 points, or 0.21%, to close at 39,431.51. The S&P 500 inched lower by 0.02%, ending at 5,221.42. The Nasdaq Composite added 0.29%, closing at 16,388.24. A New York […]Read More
Inflation “was at 9 percent when I came in and it’s now down around 3 percent.” — President Biden, in an interview with Yahoo Finance, May 14 Inflation continues to be an albatross for President Biden as he seeks reelection. After decades of stable prices — inflation of about 2 percent a year — the […]Read More
Some of former president Donald Trump’s co-defendants in a Georgia election interference case are receiving legal funding from a charity started to help people charged in efforts to overturn the 2020 election results, according to people familiar with the group. The legal fund beneficiaries include John Eastman, a lawyer who advised the Trump campaign on […]Read More
Rep. Don Bacon (R-Neb.) defeated a challenger from the right flank of his party in his attempt to win reelection in Nebraska’s 2nd District without the support of the state and local chapters of the Republican Party. Bacon will now face Democrat Tony Vargas, whom he defeated in the 2022 election by just under three […]Read More
Republican Rep. Carol Miller won her party’s primary in West Virginia’s 1st Congressional District, defeating Derrick Evans, a former state lawmaker who served three months in prison after pleading guilty to a felony for participating in the Jan. 6, 2021, attack on the U.S. Capitol. The three-term congresswoman is a staunch supporter of former president […]Read More
The Biden administration informally notified congressional committees Tuesday that it planned to move forward with more than $1 billion in weapons deals for Israel, said U.S. officials familiar with the matter, a major transfer of lethal aid that comes a week after the White House paused a single shipment of bombs because of concerns that […]Read More
West Virginia Gov. Jim Justice (R) is projected to win the Republican primary for Senate in the state, according to the Associated Press. Justice defeated a crowded field of contenders to clinch the GOP nomination and is also heavily favored to win the general election in the deep-red state. This post appeared first on The […]Read More
NEW YORK — Michael Cohen, the key witness against Donald Trump, conceded under cross-examination Tuesday that he would like to see the former president become a felon and that he feels compelled to go online almost every day to attack the man he once idolized. On Cohen’s second day of testimony at Manhattan criminal court, […]Read More
Eight TikTok creators sued the U.S. government Tuesday over a new law that would force the sale or ban of the popular video app, arguing that the law violates their First Amendment rights by potentially shuttering a medium of communication that has become a critical “part of American life.” This post appeared first on The […]Read More
Four years ago, tech adviser Jacob Helberg was raising money within his elite circle for the losing presidential campaign of Democrat Pete Buttigieg. But the pandemic, an artificial intelligence arms race against China, and taking up a crusade to ban TikTok in the United States began to shift his views and party allegiances, he says. […]Read More
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